Ambak is a B2B lending marketplace specializing in home loans. It operates a digital platform designed to streamline loan processes, offering transparent, efficient, and secure financing solutions.
Ambak is a B2B lending marketplace specializing in home loans. It operates a digital platform designed to streamline loan processes, offering transparent, efficient, and secure financing solutions.
Variational
Seed Round in 2024
Variational is a decentralized liquidity network and protocol that provides infrastructure for peer-to-peer trading, clearing, and settlement of a range of derivatives, including perpetuals, options, futures, and exotics. It enables bilateral trading and automates end-to-end trading and clearing, offering applications such as Omni for perpetuals and Pro for institutional over-the-counter derivatives, to give traders and institutions access to customizable and efficient derivatives markets.
0xppl is a technology company that operates a decentralized social network for cryptocurrency enthusiasts. Its platform allows users to connect with like-minded individuals, track and analyze crypto assets and non-fungible tokens (NFTs) traded by those they follow, and stay updated on market changes and personal portfolio performance.
Kargo Technologies
Series A in 2024
Founded in 2018, Kargo Technologies operates an online logistics platform that connects retail, e-commerce, and commercial sector shippers with truck fleets across Indonesia. The platform facilitates real-time connections, transactions, and tracking of shipments between shippers, transporters, and truckers.
Xiaohongshu
Secondary Market in 2024
Xiaohongshu, founded in 2013 and based in Shanghai, China, is a lifestyle sharing platform that allows users to share experiences through text, images, and videos. Initially aimed at assisting overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle areas, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform serves as a social e-commerce space where users can post their favorite products, share shopping experiences, and discover global merchandise, particularly in luxury and beauty sectors. By fostering user-generated content, Xiaohongshu encourages a collaborative environment for lifestyle enthusiasts to exchange insights and recommendations.
Triple-A facilitates seamless business payments in both traditional and digital currencies. Licensed by the Monetary Authority of Singapore (MAS) and other regulatory bodies, Triple-A offers secure, compliant payment solutions via API or no-code integration, serving over 20,000 businesses worldwide.
Xiaohongshu
Secondary Market in 2023
Xiaohongshu, founded in 2013 and based in Shanghai, China, is a lifestyle sharing platform that allows users to share experiences through text, images, and videos. Initially aimed at assisting overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle areas, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform serves as a social e-commerce space where users can post their favorite products, share shopping experiences, and discover global merchandise, particularly in luxury and beauty sectors. By fostering user-generated content, Xiaohongshu encourages a collaborative environment for lifestyle enthusiasts to exchange insights and recommendations.
Micro Connect
Series C in 2023
Micro Connect is a market platform and infrastructure provider that links global capital with micro and small businesses in China. It develops fintech capabilities and platform infrastructure to enable liquidity in small business investing for professional investors. By offering direct exposure to the daily cash flows of millions of stores in China’s consumer economy through Daily Revenue Obligations, Micro Connect enables accessible and diversified investment opportunities while supporting business owners with affordable capital. The company also operates an ecosystem that includes a fund platform, structured product solutions, and a licensed exchange to support diverse investment approaches and transparent cash-flow investment options.
Shein
Venture Round in 2023
Founded in 2008, Shein is a global online marketplace specializing in women's fast fashion. It uses on-demand manufacturing technologies to connect suppliers with an agile supply chain, reducing inventory waste and offering affordable clothing, shoes, jewelry, and accessories to customers worldwide.
MoHash is a decentralized finance protocol that facilitates global capital access and liquidity for private debt markets in fast-growing economies by leveraging stablecoin crypto assets.
Pintarnya operates a mobile application designed to connect blue-collar workers in Indonesia with employment and financial opportunities. The platform enables users to create resumes, apply for curated job roles based on their skills and location, streamlining the hiring process for both job seekers and employers.
Pintarnya
Seed Round in 2022
Pintarnya operates a mobile application designed to connect blue-collar workers in Indonesia with employment and financial opportunities. The platform enables users to create resumes, apply for curated job roles based on their skills and location, streamlining the hiring process for both job seekers and employers.
Founded in 2008, Shein is a global online marketplace specializing in women's fast fashion. It uses on-demand manufacturing technologies to connect suppliers with an agile supply chain, reducing inventory waste and offering affordable clothing, shoes, jewelry, and accessories to customers worldwide.
Micro Connect
Series B in 2022
Micro Connect is a market platform and infrastructure provider that links global capital with micro and small businesses in China. It develops fintech capabilities and platform infrastructure to enable liquidity in small business investing for professional investors. By offering direct exposure to the daily cash flows of millions of stores in China’s consumer economy through Daily Revenue Obligations, Micro Connect enables accessible and diversified investment opportunities while supporting business owners with affordable capital. The company also operates an ecosystem that includes a fund platform, structured product solutions, and a licensed exchange to support diverse investment approaches and transparent cash-flow investment options.
Modalku is an online marketplace based in Jakarta, Indonesia, designed to connect small businesses seeking loans with lenders looking to fund these loans. By leveraging technology, Modalku offers borrowers access to financing options that may not be available through traditional channels, often at lower interest rates. Lenders participating in the platform can achieve returns that surpass those typically found in bank deposits and traditional investment products. This marketplace lending model has been successfully implemented in various countries, including the USA, UK, China, and Singapore, demonstrating its effectiveness in supporting small business growth.
Rino
Pre Seed Round in 2022
Rino is a quick commerce platform that modernizes urban retail by vertically integrating logistics infrastructure. It operates dark stores for order fulfillment and uses advanced technology to minimize delivery times, enabling customers to receive groceries within minutes.
Founded in 2011, Purplle is an Indian online retailer specializing in cosmetics, fragrances, skincare, and hair care products. It offers a wide range of beauty brands and products, aiming to enhance the shopping experience for customers.
Founded in 2011, Purplle is an Indian online retailer specializing in cosmetics, fragrances, skincare, and hair care products. It offers a wide range of beauty brands and products, aiming to enhance the shopping experience for customers.
Porter is an end-to-end logistics platform founded in 2014 and headquartered in Bangalore, Karnataka. It focuses on optimizing last-mile delivery operations for businesses, addressing inefficiencies in urban logistics. The platform allows companies to book mini trucks and tempos from a fleet of vehicles based on specific dates and locations. This service enables businesses to access reliable and economical transportation solutions while providing real-time tracking of their deliveries. Currently, Porter has served over 5 million customers across 12 cities in India, including major metropolitan areas like Mumbai, Delhi, and Bangalore, thereby transforming the way goods are transported in urban environments.
Animoca Brands
Venture Round in 2021
Animoca Brands is a venture capital firm focused on driving digital property rights to gamers and internet users through non-fungible tokens (NFTs). It leverages gamification and blockchain technology to develop, market, and invest in mobile applications, games, and additional products centered around educational learning, ensuring transparency, security, and new business models.
Ula is a technology-driven distribution and credit marketplace application that focuses on supporting micro, small, and medium enterprises in Indonesia. Founded in 2020 and headquartered in Jakarta, with additional offices in Bengaluru and Singapore, Ula provides a B2B marketplace designed specifically for small retailers. The platform enables these retailers to access a diverse range of products at competitive prices while managing their inventory and supply chain more effectively. Ula offers favorable payment terms and working capital solutions, allowing store owners to stock only the inventory they need and ultimately enhance their profitability. By leveraging technology, Ula addresses key challenges in traditional retail, ensuring that small businesses can thrive in a rapidly evolving digital marketplace.
Zetwerk is an end-to-end manufacturing supply chain solutions provider. It operates an online marketplace connecting large manufacturers with vendors and suppliers for customized products used in industrial machines and equipment. The company offers items such as crane parts, doors, machine chassis, ladders, and services in fabrication, machining, casting, and forging. Zetwerk facilitates collaboration tools for buyers and suppliers, execution tools for order fulfillment, and plans to host a third-party apps marketplace. Headquartered in Bengaluru, Karnataka, India, the company was founded in 2018.
Heads Up For Tails
Series A in 2021
Heads Up For Tails is an online marketplace based in New Delhi, India, specializing in a wide range of products for pets, primarily dogs and cats. The company's extensive portfolio includes clothing, collars, leashes, grooming supplies, bowls, feeders, bedding, medicine, food, toys, and various accessories tailored for dogs. Additionally, it offers products for cats, such as litter, collars, food, toys, beds, crates, furniture, scratchers, bowls, and shampoos. Heads Up For Tails aims to provide pet owners with a comprehensive and convenient shopping experience, allowing them to find all necessary items for their pets in one place, including personalized products and training aids.
GudangAda
Series B in 2021
GudangAda is a developer of a business-to-business (B2B) marketplace focused on transforming and digitalizing Indonesia's distribution chain for fast-moving consumer goods. The company connects key stakeholders, including principals, distributors, wholesalers, and retailers, through an end-to-end digital solution. Its platform allows users to meet and conduct transactions online, supporting both small and bulk orders. By facilitating these transactions, GudangAda enables traders to operate as both sellers and buyers simultaneously, which enhances turnover, reduces costs, and expands customer reach. The company also offers logistics, merchant solutions, and financial services, contributing to the efficiency and effectiveness of the supply chain within the marketplace.
Chehaoduo
Series E in 2021
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily.
Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.
Micro Connect
Series A in 2021
Micro Connect is a market platform and infrastructure provider that links global capital with micro and small businesses in China. It develops fintech capabilities and platform infrastructure to enable liquidity in small business investing for professional investors. By offering direct exposure to the daily cash flows of millions of stores in China’s consumer economy through Daily Revenue Obligations, Micro Connect enables accessible and diversified investment opportunities while supporting business owners with affordable capital. The company also operates an ecosystem that includes a fund platform, structured product solutions, and a licensed exchange to support diverse investment approaches and transparent cash-flow investment options.
Founded in 2011, Purplle is an Indian online retailer specializing in cosmetics, fragrances, skincare, and hair care products. It offers a wide range of beauty brands and products, aiming to enhance the shopping experience for customers.
Probo is an opinion-sharing and trading platform that facilitates the exchange of predictions on various topics, including finance, sports, entertainment, and news. The platform allows users to share their viewpoints and engage in discussions, promoting a diverse exchange of ideas. By enabling participants to trade opinions at mutually agreed prices, Probo creates a reward-based system where users can earn from their insights and predictions about future events. This innovative approach combines elements of social interaction and market dynamics, providing a unique environment for opinion exchange.
Furong Xingsheng
Venture Round in 2021
Furong Xingsheng is a Chinese company based in Changsha that owns and operates convenience stores. Established in 2009, it specializes in providing B2B logistics and distribution services. The company also functions through its community shopping platform, Xingsheng Youxuan, launched in 2018, which caters to consumers by offering fresh produce, meat, seafood, staples, and general merchandise. This platform employs a unique retail model that combines online ordering with offline pick-up, allowing household consumers to meet their daily needs conveniently through a network of community-based convenience stores.
Zetwerk is an end-to-end manufacturing supply chain solutions provider. It operates an online marketplace connecting large manufacturers with vendors and suppliers for customized products used in industrial machines and equipment. The company offers items such as crane parts, doors, machine chassis, ladders, and services in fabrication, machining, casting, and forging. Zetwerk facilitates collaboration tools for buyers and suppliers, execution tools for order fulfillment, and plans to host a third-party apps marketplace. Headquartered in Bengaluru, Karnataka, India, the company was founded in 2018.
Ula is a technology-driven distribution and credit marketplace application that focuses on supporting micro, small, and medium enterprises in Indonesia. Founded in 2020 and headquartered in Jakarta, with additional offices in Bengaluru and Singapore, Ula provides a B2B marketplace designed specifically for small retailers. The platform enables these retailers to access a diverse range of products at competitive prices while managing their inventory and supply chain more effectively. Ula offers favorable payment terms and working capital solutions, allowing store owners to stock only the inventory they need and ultimately enhance their profitability. By leveraging technology, Ula addresses key challenges in traditional retail, ensuring that small businesses can thrive in a rapidly evolving digital marketplace.
Klook is a global online platform facilitating the booking of travel experiences, services, and accommodations. It offers a wide array of activities such as tours, theme park tickets, cultural experiences, and adventure activities across numerous destinations worldwide. Additionally, Klook provides essential travel services like public transport passes, airport transfers, car rentals, SIM cards/eSIMs, and dining reservations to cater to various aspects of travel planning.
Lalamove, originally launched as EasyVan in December 2013 in Hong Kong, is an on-demand logistics platform that connects customers with driver-partners for rapid delivery services. Operating in 21 markets across Asia and Latin America, the company serves over 7 million customers and boasts a network of more than 700,000 drivers. Lalamove has transformed traditional van hiring by enabling instant matches between customers and drivers, often within 12 seconds. The platform facilitates same-day deliveries, typically completing local deliveries within 55 minutes. Additionally, Lalamove provides features such as real-time vehicle tracking and driver ratings, allowing businesses to efficiently scale their delivery operations while optimizing drivers’ routes and earnings.
Lalamove, originally launched as EasyVan in December 2013 in Hong Kong, is an on-demand logistics platform that connects customers with driver-partners for rapid delivery services. Operating in 21 markets across Asia and Latin America, the company serves over 7 million customers and boasts a network of more than 700,000 drivers. Lalamove has transformed traditional van hiring by enabling instant matches between customers and drivers, often within 12 seconds. The platform facilitates same-day deliveries, typically completing local deliveries within 55 minutes. Additionally, Lalamove provides features such as real-time vehicle tracking and driver ratings, allowing businesses to efficiently scale their delivery operations while optimizing drivers’ routes and earnings.
Animall is an online platform focused on facilitating the buying and selling of dairy and cattle in India. Established in 2019 and headquartered in Bangalore, the company aims to transform the dairy ecosystem by leveraging technology, data science, and design. The platform provides a peer-to-peer marketplace that empowers dairy farmers to trade livestock conveniently, allowing them to save time, money, and effort. Through these efficiencies, Animall seeks to support millions of dairy farmers and contribute to the modernization of the dairy industry in India.
Incomlend
Series A in 2020
Incomlend Pte. Ltd., established in Singapore in 2016 with global offices, operates an invoice financing platform that connects small and medium-sized enterprises (SMEs) worldwide with investors. Its secure, tech-enabled marketplace facilitates the sale of export and domestic trade receivables at a discount, enabling SMEs to access cash flow earlier. The platform supports live trading of invoices in multiple currencies across countries. Additionally, Incomlend has launched Asia's first structured finance program focused on ESG principles, connecting socially conscious investors with sustainable SMEs.
Furong Xingsheng
Series C in 2020
Furong Xingsheng is a Chinese company based in Changsha that owns and operates convenience stores. Established in 2009, it specializes in providing B2B logistics and distribution services. The company also functions through its community shopping platform, Xingsheng Youxuan, launched in 2018, which caters to consumers by offering fresh produce, meat, seafood, staples, and general merchandise. This platform employs a unique retail model that combines online ordering with offline pick-up, allowing household consumers to meet their daily needs conveniently through a network of community-based convenience stores.
Zetwerk is an end-to-end manufacturing supply chain solutions provider. It operates an online marketplace connecting large manufacturers with vendors and suppliers for customized products used in industrial machines and equipment. The company offers items such as crane parts, doors, machine chassis, ladders, and services in fabrication, machining, casting, and forging. Zetwerk facilitates collaboration tools for buyers and suppliers, execution tools for order fulfillment, and plans to host a third-party apps marketplace. Headquartered in Bengaluru, Karnataka, India, the company was founded in 2018.
Ula is a technology-driven distribution and credit marketplace application that focuses on supporting micro, small, and medium enterprises in Indonesia. Founded in 2020 and headquartered in Jakarta, with additional offices in Bengaluru and Singapore, Ula provides a B2B marketplace designed specifically for small retailers. The platform enables these retailers to access a diverse range of products at competitive prices while managing their inventory and supply chain more effectively. Ula offers favorable payment terms and working capital solutions, allowing store owners to stock only the inventory they need and ultimately enhance their profitability. By leveraging technology, Ula addresses key challenges in traditional retail, ensuring that small businesses can thrive in a rapidly evolving digital marketplace.
Hitomorrow
Series B in 2020
Hitomorrow is a Beijing-based company founded in 2012 that specializes in the import and distribution of ready-to-cook food products. The company offers a diverse range of fresh ingredients, including imported chilled beef, pork, chicken, and various flavored meats. Additionally, Hitomorrow sources seafood and other ingredients from around the world, including beef and mutton from Australia and New Zealand, Canadian Arctic shellfish, sweet shrimp, Alaska king crab, squid, and Argentine red shrimp. The company's focus on providing high-quality, fresh products aims to cater to the growing demand for convenient meal solutions globally.
JD Logistics is a technology-driven supply chain solution and logistics service provider in China. It offers a full spectrum of services, including warehousing, distribution, and specialized items delivery, serving various industries such as fast-moving consumer goods, apparel, home appliances, and automotive.
Chehaoduo
Series D in 2020
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily.
Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.
GudangAda
Series A in 2020
GudangAda is a developer of a business-to-business (B2B) marketplace focused on transforming and digitalizing Indonesia's distribution chain for fast-moving consumer goods. The company connects key stakeholders, including principals, distributors, wholesalers, and retailers, through an end-to-end digital solution. Its platform allows users to meet and conduct transactions online, supporting both small and bulk orders. By facilitating these transactions, GudangAda enables traders to operate as both sellers and buyers simultaneously, which enhances turnover, reduces costs, and expands customer reach. The company also offers logistics, merchant solutions, and financial services, contributing to the efficiency and effectiveness of the supply chain within the marketplace.
Kargo Technologies
Series A in 2020
Founded in 2018, Kargo Technologies operates an online logistics platform that connects retail, e-commerce, and commercial sector shippers with truck fleets across Indonesia. The platform facilitates real-time connections, transactions, and tracking of shipments between shippers, transporters, and truckers.
KE Holdings Inc., known as Beike, operates a comprehensive platform for housing transactions and services in China, enhancing the user experience through both online and offline channels. Founded in 2001 and headquartered in Beijing, the company facilitates a range of housing-related transactions, including the sale and rental of existing and new homes, home renovation, and real estate financial solutions. Beike operates through its branded Lianjia stores in major cities like Beijing and Shanghai, while also collaborating with various third-party agencies, including franchise partners. The platform aims to create a high-quality ecosystem for real estate services, supporting over 100,000 property agents and reaching more than 200 million households. Additionally, Beike has expanded its offerings internationally, providing services for Chinese families seeking overseas properties across 11 countries. The company's growth strategy includes plans to cover over 300 cities in China and build a robust network of accredited partners.
KredX is a prominent invoice discounting marketplace in India that facilitates quick access to working capital for businesses by allowing them to sell their unpaid receivables. This process enables micro, small, and medium-sized enterprises to obtain funds within 24 to 72 hours without the need for collateral. The platform connects these businesses with individual investors seeking low-risk, short-term investment opportunities, offering potential high returns. KredX has garnered significant backing from notable venture capital firms, including Sequoia Capital and Prime Venture Partners, and has recently completed a Series B funding round led by Tiger Global Management.
Zetwerk is an end-to-end manufacturing supply chain solutions provider. It operates an online marketplace connecting large manufacturers with vendors and suppliers for customized products used in industrial machines and equipment. The company offers items such as crane parts, doors, machine chassis, ladders, and services in fabrication, machining, casting, and forging. Zetwerk facilitates collaboration tools for buyers and suppliers, execution tools for order fulfillment, and plans to host a third-party apps marketplace. Headquartered in Bengaluru, Karnataka, India, the company was founded in 2018.
CARS24 Services Pvt. Ltd. is a company based in Gurugram, India, specializing in the buying and selling of used cars. Founded in 2015, CARS24 operates as a subsidiary of Global Car Group and has developed a tech-enabled marketplace that transforms the process of selling pre-owned vehicles. The company offers car inspection and valuation services, utilizing an AI-driven pricing algorithm to provide accurate market and appraisal prices. This innovative approach facilitates secure and efficient transactions, enabling car owners to sell their vehicles at fair prices through a network of channel partners across various cities in India. Additionally, CARS24 offers vehicle lending products, expanding its services within the automotive finance sector.
99.co is a Singapore-based online property listing marketplace that specializes in facilitating property searches for renters, buyers, and agents. The company utilizes a map-based property search engine powered by advanced algorithms, which allows users to efficiently find houses, condominiums, and apartments for sale or rent. By focusing on transparency and speed, 99.co aims to enhance the property search experience in Singapore, making it easier for individuals to navigate the real estate market.
Lichuang Mall (Szlcsc)
Series A in 2019
Lichuang Mall is to provide a full range of services, including spot sales, quality assurance, and a one-stop procurement platform. The product catalog also lists universal boards, logic chips, connectors, amplifiers, filters, and microcontrollers. To satisfy customers' demands for authentic, spot, and one-stop service, the company has taken the initiative to build a strong spot delivery capability in the sector.
Smartkarma
Corporate Round in 2019
Smartkarma is an independent financial research platform that transforms how market participants create, distribute, and consume investment insights. It provides differentiated research and transparency into Asian markets for global institutional investors, combining analysts, academics, data scientists, and industry experts in a collaborative marketplace to help investors improve efficiency, enhance returns, and optimize research spend while accessing a broad range of analysis. The platform also functions as an AI-augmented investment intelligence tool, delivering real-time insights and data analytics with direct access to investment analysts, and serving global institutional investors and corporate decision-makers across strategies such as event-driven investing, merger arbitrage, equity capital markets, index events, and forensic accounting. Smartkarma's mission is to change the research landscape by enabling collaboration and value extraction from its global community.
Klook is a global online platform facilitating the booking of travel experiences, services, and accommodations. It offers a wide array of activities such as tours, theme park tickets, cultural experiences, and adventure activities across numerous destinations worldwide. Additionally, Klook provides essential travel services like public transport passes, airport transfers, car rentals, SIM cards/eSIMs, and dining reservations to cater to various aspects of travel planning.
Zetwerk is an end-to-end manufacturing supply chain solutions provider. It operates an online marketplace connecting large manufacturers with vendors and suppliers for customized products used in industrial machines and equipment. The company offers items such as crane parts, doors, machine chassis, ladders, and services in fabrication, machining, casting, and forging. Zetwerk facilitates collaboration tools for buyers and suppliers, execution tools for order fulfillment, and plans to host a third-party apps marketplace. Headquartered in Bengaluru, Karnataka, India, the company was founded in 2018.
Kargo Technologies
Seed Round in 2019
Founded in 2018, Kargo Technologies operates an online logistics platform that connects retail, e-commerce, and commercial sector shippers with truck fleets across Indonesia. The platform facilitates real-time connections, transactions, and tracking of shipments between shippers, transporters, and truckers.
Lalamove, originally launched as EasyVan in December 2013 in Hong Kong, is an on-demand logistics platform that connects customers with driver-partners for rapid delivery services. Operating in 21 markets across Asia and Latin America, the company serves over 7 million customers and boasts a network of more than 700,000 drivers. Lalamove has transformed traditional van hiring by enabling instant matches between customers and drivers, often within 12 seconds. The platform facilitates same-day deliveries, typically completing local deliveries within 55 minutes. Additionally, Lalamove provides features such as real-time vehicle tracking and driver ratings, allowing businesses to efficiently scale their delivery operations while optimizing drivers’ routes and earnings.
Band Protocol
Seed Round in 2019
Band Protocol is a cross-chain data oracle platform that securely connects real-world data and APIs to smart contracts. It enables blockchain developers to create reliable price feeds, event reports, and other data oracles for decentralized applications without relying on centralized sources.
Zilingo is a technology-driven platform founded in 2015 by Ankiti Bose and Dhruv Kapoor, aimed at transforming the fashion supply chain through innovative trade solutions. By digitizing the fashion industry, Zilingo provides a marketplace that connects brands and merchants directly with factories, offering essential tools such as analytics, efficient logistics, and secure payment options. This approach enables entrepreneurs to thrive in a sector that has historically favored a select few, promoting accessibility, transparency, and connection within the fashion ecosystem. Zilingo's vision is to democratize fashion, making it possible for anyone with the right ideas to succeed in the industry.
Founded in 2008, Shein is a global online marketplace specializing in women's fast fashion. It uses on-demand manufacturing technologies to connect suppliers with an agile supply chain, reducing inventory waste and offering affordable clothing, shoes, jewelry, and accessories to customers worldwide.
Flyrobe is an Indian fashion rental platform offering occasion wear for men and women on rental or subscription basis. It operates an on-demand apparel rental service for branded and designer clothing and accessories, including luxury labels, and serves customers across 10 major Indian cities with offline stores in Mumbai and Delhi.
Klook is a global online platform facilitating the booking of travel experiences, services, and accommodations. It offers a wide array of activities such as tours, theme park tickets, cultural experiences, and adventure activities across numerous destinations worldwide. Additionally, Klook provides essential travel services like public transport passes, airport transfers, car rentals, SIM cards/eSIMs, and dining reservations to cater to various aspects of travel planning.
Zetwerk
Seed Round in 2018
Zetwerk is an end-to-end manufacturing supply chain solutions provider. It operates an online marketplace connecting large manufacturers with vendors and suppliers for customized products used in industrial machines and equipment. The company offers items such as crane parts, doors, machine chassis, ladders, and services in fabrication, machining, casting, and forging. Zetwerk facilitates collaboration tools for buyers and suppliers, execution tools for order fulfillment, and plans to host a third-party apps marketplace. Headquartered in Bengaluru, Karnataka, India, the company was founded in 2018.
Xiangwushuo
Series B in 2018
Xiangwushuo is a Beijing-based company that operates an online platform facilitating the buying and selling of unused items. It enables users to trade and share goods through a marketplace that incorporates a point system, allowing transactions without the direct use of money. In addition to catering to individual consumers, Xiangwushuo offers business owners a means to promote and sell their products online. The company focuses on software and platform development, contributing to the trading of new and idle goods while promoting sustainability through the reuse of items.
JD Logistics
Corporate Round in 2018
JD Logistics is a technology-driven supply chain solution and logistics service provider in China. It offers a full spectrum of services, including warehousing, distribution, and specialized items delivery, serving various industries such as fast-moving consumer goods, apparel, home appliances, and automotive.
CARS24 Services Pvt. Ltd. is a company based in Gurugram, India, specializing in the buying and selling of used cars. Founded in 2015, CARS24 operates as a subsidiary of Global Car Group and has developed a tech-enabled marketplace that transforms the process of selling pre-owned vehicles. The company offers car inspection and valuation services, utilizing an AI-driven pricing algorithm to provide accurate market and appraisal prices. This innovative approach facilitates secure and efficient transactions, enabling car owners to sell their vehicles at fair prices through a network of channel partners across various cities in India. Additionally, CARS24 offers vehicle lending products, expanding its services within the automotive finance sector.
Carousell
Series C in 2018
Carousell is a Singapore-based classifieds marketplace that enables peer-to-peer buying and selling of preloved items through a mobile app available on iOS and Android. The platform supports categories such as fashion, gadgets, home and living, and cars, allowing users to create free listings by snapping a photo and posting a description. Launched in August 2012 in Singapore, Carousell has expanded to about 19 cities across seven countries, pursuing a simple, community-driven selling experience. The service has been recognized as a leading shopping app in several regions and has attracted investment from notable venture-capital firms to fuel its growth.
Poizon, established in 2015 by Shanghai Shizhuang Information Technology Co., Ltd., is China's leading sneaker trading platform, boasting an annual gross merchandise volume of $10 billion and over 1.4 million active users as of 2019. The company operates the Dewu App, which facilitates the exchange of sports equipment and provides features for shoe identification. By employing a consumer-to-business-to-consumer model, Poizon connects buyers and sellers while offering authentication services to guarantee the authenticity of products purchased on its platform. This approach not only enhances user trust but also fosters a community where individuals can communicate and share their enthusiasm for current fashion trends.
Piaoniu is a Shanghai-based online platform that specializes in live event ticketing, catering to a range of entertainment options such as concerts, theater performances, and sports events. The company primarily operates in the second-hand ticketing market, allowing consumers to access popular tickets at fair market prices. In addition to providing a marketplace for ticket trading, Piaoniu offers post-sales consumer services, enhancing the overall user experience for those seeking to attend various live events.
Zilingo is a technology-driven platform founded in 2015 by Ankiti Bose and Dhruv Kapoor, aimed at transforming the fashion supply chain through innovative trade solutions. By digitizing the fashion industry, Zilingo provides a marketplace that connects brands and merchants directly with factories, offering essential tools such as analytics, efficient logistics, and secure payment options. This approach enables entrepreneurs to thrive in a sector that has historically favored a select few, promoting accessibility, transparency, and connection within the fashion ecosystem. Zilingo's vision is to democratize fashion, making it possible for anyone with the right ideas to succeed in the industry.
Porter is an end-to-end logistics platform founded in 2014 and headquartered in Bangalore, Karnataka. It focuses on optimizing last-mile delivery operations for businesses, addressing inefficiencies in urban logistics. The platform allows companies to book mini trucks and tempos from a fleet of vehicles based on specific dates and locations. This service enables businesses to access reliable and economical transportation solutions while providing real-time tracking of their deliveries. Currently, Porter has served over 5 million customers across 12 cities in India, including major metropolitan areas like Mumbai, Delhi, and Bangalore, thereby transforming the way goods are transported in urban environments.
JD Logistics
Venture Round in 2018
JD Logistics is a technology-driven supply chain solution and logistics service provider in China. It offers a full spectrum of services, including warehousing, distribution, and specialized items delivery, serving various industries such as fast-moving consumer goods, apparel, home appliances, and automotive.
Chehaoduo
Series C in 2018
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily.
Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.
Founded in 2008, Shein is a global online marketplace specializing in women's fast fashion. It uses on-demand manufacturing technologies to connect suppliers with an agile supply chain, reducing inventory waste and offering affordable clothing, shoes, jewelry, and accessories to customers worldwide.
Smartkarma
Series B in 2017
Smartkarma is an independent financial research platform that transforms how market participants create, distribute, and consume investment insights. It provides differentiated research and transparency into Asian markets for global institutional investors, combining analysts, academics, data scientists, and industry experts in a collaborative marketplace to help investors improve efficiency, enhance returns, and optimize research spend while accessing a broad range of analysis. The platform also functions as an AI-augmented investment intelligence tool, delivering real-time insights and data analytics with direct access to investment analysts, and serving global institutional investors and corporate decision-makers across strategies such as event-driven investing, merger arbitrage, equity capital markets, index events, and forensic accounting. Smartkarma's mission is to change the research landscape by enabling collaboration and value extraction from its global community.
Klook is a global online platform facilitating the booking of travel experiences, services, and accommodations. It offers a wide array of activities such as tours, theme park tickets, cultural experiences, and adventure activities across numerous destinations worldwide. Additionally, Klook provides essential travel services like public transport passes, airport transfers, car rentals, SIM cards/eSIMs, and dining reservations to cater to various aspects of travel planning.
Puls operates a platform that connects customers with a nationwide network of service providers delivering in-home repairs and installations. The company offers a range of home services, including handyman tasks such as furniture assembly, wall mounting and shelf installation, drywall repair, interior painting, appliance installation and repair, fan installation, and disinfection. It also provides TV mounting and setup, Wi-Fi configuration, and the installation of devices and systems, including garage doors and security systems, with same-day service options. Founded in 2015 and based in San Francisco, Puls positions itself as a scalable solution enabling convenient access to local technicians for on-demand home maintenance and device support.
Chehaoduo
Series B in 2017
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily.
Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.
Inncube
Angel Round in 2017
Inncube offers the entrepreneurial idea of shared thinking, common direction, and common sharing is to share ideas, common direction, and common sharing. To fulfill the requirements of various teams, they offer a variety of funding services.
99.co is a Singapore-based online property listing marketplace that specializes in facilitating property searches for renters, buyers, and agents. The company utilizes a map-based property search engine powered by advanced algorithms, which allows users to efficiently find houses, condominiums, and apartments for sale or rent. By focusing on transparency and speed, 99.co aims to enhance the property search experience in Singapore, making it easier for individuals to navigate the real estate market.
Klook is a global online platform facilitating the booking of travel experiences, services, and accommodations. It offers a wide array of activities such as tours, theme park tickets, cultural experiences, and adventure activities across numerous destinations worldwide. Additionally, Klook provides essential travel services like public transport passes, airport transfers, car rentals, SIM cards/eSIMs, and dining reservations to cater to various aspects of travel planning.
Voonik is an online personal shopping platform based in Bangalore, India, that aims to assist customers in dressing well within their budget by providing tailored style advice and curated recommendations. The platform utilizes a combination of machine learning and expert curation to address the common query of "What should I wear today?" By leveraging advanced technology and stylist recommendations, Voonik enables users to discover fashion that aligns with their personal preferences and body types. The company operates a multi-brand marketplace that focuses on delivering quality and affordable fashion products, making it easier for individuals to find outfits that suit their unique personalities. Founded by a team with backgrounds from leading tech companies and prestigious academic institutions, Voonik is focused on reshaping the future of shopping.
Purang Services
Series B in 2016
Pulan builds a service platform for bulk financial product transactions for entity enterprises, small and medium-sized banks, and non-bank financial institutions, providing market participants with matching, consulting, data, software, knowledge process outsourcing, and other multi-faceted financial services covering bills, bonds, and funds.
KredX is a prominent invoice discounting marketplace in India that facilitates quick access to working capital for businesses by allowing them to sell their unpaid receivables. This process enables micro, small, and medium-sized enterprises to obtain funds within 24 to 72 hours without the need for collateral. The platform connects these businesses with individual investors seeking low-risk, short-term investment opportunities, offering potential high returns. KredX has garnered significant backing from notable venture capital firms, including Sequoia Capital and Prime Venture Partners, and has recently completed a Series B funding round led by Tiger Global Management.
Chehaoduo
Series A in 2016
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily.
Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.
Flyrobe is an Indian fashion rental platform offering occasion wear for men and women on rental or subscription basis. It operates an on-demand apparel rental service for branded and designer clothing and accessories, including luxury labels, and serves customers across 10 major Indian cities with offline stores in Mumbai and Delhi.
Puls operates a platform that connects customers with a nationwide network of service providers delivering in-home repairs and installations. The company offers a range of home services, including handyman tasks such as furniture assembly, wall mounting and shelf installation, drywall repair, interior painting, appliance installation and repair, fan installation, and disinfection. It also provides TV mounting and setup, Wi-Fi configuration, and the installation of devices and systems, including garage doors and security systems, with same-day service options. Founded in 2015 and based in San Francisco, Puls positions itself as a scalable solution enabling convenient access to local technicians for on-demand home maintenance and device support.
Carousell
Series B in 2016
Carousell is a Singapore-based classifieds marketplace that enables peer-to-peer buying and selling of preloved items through a mobile app available on iOS and Android. The platform supports categories such as fashion, gadgets, home and living, and cars, allowing users to create free listings by snapping a photo and posting a description. Launched in August 2012 in Singapore, Carousell has expanded to about 19 cities across seven countries, pursuing a simple, community-driven selling experience. The service has been recognized as a leading shopping app in several regions and has attracted investment from notable venture-capital firms to fuel its growth.
Flyrobe
Seed Round in 2016
Flyrobe is an Indian fashion rental platform offering occasion wear for men and women on rental or subscription basis. It operates an on-demand apparel rental service for branded and designer clothing and accessories, including luxury labels, and serves customers across 10 major Indian cities with offline stores in Mumbai and Delhi.
Fenda is an audio-based skill-sharing platform based in China that allows users to engage in social interactions by asking questions and receiving answers from experts and celebrities. Users can set their own prices for answering questions in their areas of expertise, while others can pay to receive those answers. Additionally, the platform enables users to listen to various questions and answers, enhancing the learning experience and fostering a community of knowledge sharing.
Voonik is an online personal shopping platform based in Bangalore, India, that aims to assist customers in dressing well within their budget by providing tailored style advice and curated recommendations. The platform utilizes a combination of machine learning and expert curation to address the common query of "What should I wear today?" By leveraging advanced technology and stylist recommendations, Voonik enables users to discover fashion that aligns with their personal preferences and body types. The company operates a multi-brand marketplace that focuses on delivering quality and affordable fashion products, making it easier for individuals to find outfits that suit their unique personalities. Founded by a team with backgrounds from leading tech companies and prestigious academic institutions, Voonik is focused on reshaping the future of shopping.
Shanghai MOLBASE Technology Co., Ltd. is a prominent player in the chemical e-commerce sector, offering a comprehensive platform that connects buyers and vendors of chemicals. Founded in 2011 and headquartered in Shanghai, the company provides a robust compound database and e-commerce solutions tailored for the pharmaceutical, biotech, specialty industries, and research organizations. MOLBASE enables professional buyers to inquire about and purchase a wide range of chemicals through a centralized website that features real-time product data updates. The platform leverages artificial intelligence technologies to enhance its services, which include business intelligence, financing information, and logistics facilitation. Recognized as the largest chemical e-commerce platform in China by gross merchandise value in 2017 and 2018, MOLBASE continues to serve as an integrated resource for chemical transactions and related services globally.
Xiaoyusan
Series A in 2015
Xiaoyusan is an online marketplace specializing in insurance products, catering to a diverse clientele that includes the elderly, children, and adults. The company boasts a professional team with extensive experience in both the Internet and insurance sectors, dedicated to promoting user happiness. Its platform offers an accessible and straightforward approach to purchasing insurance, featuring clear descriptions of various products, a paperless electronic policy system, and a streamlined buying process. This user-friendly design allows customers to efficiently shop for and compare different insurance options, enhancing their overall experience in securing coverage.
Puls operates a platform that connects customers with a nationwide network of service providers delivering in-home repairs and installations. The company offers a range of home services, including handyman tasks such as furniture assembly, wall mounting and shelf installation, drywall repair, interior painting, appliance installation and repair, fan installation, and disinfection. It also provides TV mounting and setup, Wi-Fi configuration, and the installation of devices and systems, including garage doors and security systems, with same-day service options. Founded in 2015 and based in San Francisco, Puls positions itself as a scalable solution enabling convenient access to local technicians for on-demand home maintenance and device support.
Craftsvilla
Series C in 2015
Craftsvilla is an online marketplace focused on Indian handmade and ethnic products. It offers a wide range of items including sarees, bridal wear, salwar suits, jewelry, bags and accessories, footwear, home décor, bath and beauty products, food and health items, gifts, and products for kids and spirituality. The platform connects designers and artisans with customers, emphasizing authentic materials, natural dyes, and quality checks to ensure product standards. Based in Mumbai, India, Craftsvilla serves as a curated destination for customers seeking traditional and contemporary Indian fashion and lifestyle goods across clothing, jewelry, home décor, and personal care through a single e-commerce experience.
Porter is an end-to-end logistics platform founded in 2014 and headquartered in Bangalore, Karnataka. It focuses on optimizing last-mile delivery operations for businesses, addressing inefficiencies in urban logistics. The platform allows companies to book mini trucks and tempos from a fleet of vehicles based on specific dates and locations. This service enables businesses to access reliable and economical transportation solutions while providing real-time tracking of their deliveries. Currently, Porter has served over 5 million customers across 12 cities in India, including major metropolitan areas like Mumbai, Delhi, and Bangalore, thereby transforming the way goods are transported in urban environments.
Voonik is an online personal shopping platform based in Bangalore, India, that aims to assist customers in dressing well within their budget by providing tailored style advice and curated recommendations. The platform utilizes a combination of machine learning and expert curation to address the common query of "What should I wear today?" By leveraging advanced technology and stylist recommendations, Voonik enables users to discover fashion that aligns with their personal preferences and body types. The company operates a multi-brand marketplace that focuses on delivering quality and affordable fashion products, making it easier for individuals to find outfits that suit their unique personalities. Founded by a team with backgrounds from leading tech companies and prestigious academic institutions, Voonik is focused on reshaping the future of shopping.
Mishi is an innovative application that connects food enthusiasts with individuals who prepare authentic, homemade meals. Functioning as a platform akin to Airbnb but for culinary experiences, Mishi allows users to discover and enjoy local delicacies in the comfort of their homes. The service facilitates a seamless interaction between hungry customers and skilled chefs, enabling the delivery of unique homemade dishes directly to users' doorsteps. By emphasizing the intimacy and authenticity of home-cooked food, Mishi aims to enhance the dining experience for food lovers seeking genuine culinary delights.
Craftsvilla
Series B in 2015
Craftsvilla is an online marketplace focused on Indian handmade and ethnic products. It offers a wide range of items including sarees, bridal wear, salwar suits, jewelry, bags and accessories, footwear, home décor, bath and beauty products, food and health items, gifts, and products for kids and spirituality. The platform connects designers and artisans with customers, emphasizing authentic materials, natural dyes, and quality checks to ensure product standards. Based in Mumbai, India, Craftsvilla serves as a curated destination for customers seeking traditional and contemporary Indian fashion and lifestyle goods across clothing, jewelry, home décor, and personal care through a single e-commerce experience.
99.co is a Singapore-based online property listing marketplace that specializes in facilitating property searches for renters, buyers, and agents. The company utilizes a map-based property search engine powered by advanced algorithms, which allows users to efficiently find houses, condominiums, and apartments for sale or rent. By focusing on transparency and speed, 99.co aims to enhance the property search experience in Singapore, making it easier for individuals to navigate the real estate market.
Carousell
Series A in 2014
Carousell is a Singapore-based classifieds marketplace that enables peer-to-peer buying and selling of preloved items through a mobile app available on iOS and Android. The platform supports categories such as fashion, gadgets, home and living, and cars, allowing users to create free listings by snapping a photo and posting a description. Launched in August 2012 in Singapore, Carousell has expanded to about 19 cities across seven countries, pursuing a simple, community-driven selling experience. The service has been recognized as a leading shopping app in several regions and has attracted investment from notable venture-capital firms to fuel its growth.